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S. Korea Posts Job Growth for 4th Straight Month in June

Written: 2021-07-14 08:38:03Updated: 2021-07-14 10:39:51

S. Korea Posts Job Growth for 4th Straight Month in June

Photo : YONHAP News

South Korea posted job growth for the fourth consecutive month in June.  

Statistics Korea said on Wednesday that the number of employed people stood at 27-point-64 million last month, up 582-thousand from a year earlier. 

The nation posted job growth for four straight months since March after losing jobs for the previous 12 months due to the COVID-19 pandemic. 

Job additions hit 652-thousand in April to post the largest on-year growth in six years and eight months, but slowed to 619-thousand in May and 582-thousand in June. 

The employment rate for those aged 15 or older rose by point-nine percentage points from a year earlier to 61-point-three percent. 

The jobless rate dropped point-five percentage points on-year to three-point-eight percent.

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